in News Departments > New & Noteworthy
print the content item

The Federal Energy Regulatory Commission (FERC) has approved plans by a group of Western transmission providers for a two-year experimental regional transmission pricing initiative intended to encourage more efficient use of the grid and reduce customer costs by expanding access to coordinated transmission service from multiple transmission providers at a single rate.

"This proposal reflects the kind of creativity that comes from transmission providers looking for a way to more efficiently use the transmission grid to serve the needs of customers," FERC Chairman Joseph T. Kelliher says. "It also illustrates the effectiveness and the flexibility of our transmission policies so that we can accommodate the individual needs of different regions of the country."

The proposal came from eight members of the WestConnect transmission group, six of which are FERC-jurisdictional: Arizona Public Service Co., El Paso Electric Co., Nevada Power Co./Sierra Pacific Power Co., Public Service Co. of Colorado, Public Service Co. of New Mexico and Tucson Electric Power Co.

Under the proposal, participating transmission owners would offer customers the option of buying hourly non-firm, point-to-point transmission service across their transmission systems at a single rate. Taking coordinated service under the proposal would be an alternative to pancaked point-to-point transmission service now offered under each member's open access transmission tariffs.

In compensation for services they provide under the proposal, each participating transmission company would be allocated a pro rata share of revenues based on the ratio of the ceiling rate of each transmission provider involved to the sum of those ceiling rates, provided that none of the transmission providers will collect more than their ceiling rates. All rates are those on the open access same-time information system.

SOURCE: Federal Energy Regulatory Commission



Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965